487 & 489 Estero, Morro Bay, CA 93442
Single-family home
Sold July 2026
Listing Agent: Dale Kaiser (DRE #01297036) · Listing Office: Dale Kaiser Real Estate · Contact: 805-550-9900 · Bought with: Christine Rosenfeld · Compass · MLS #SC26117151 · Source: CRMLS
How this sale compares
487 & 489 Estero sold for $1,473,073 in July 2026, 1.5% under its $1,495,000 list price, after 4 days on the market. That works out to $546 per square foot on 2,700 square feet. Across 92 closed sales in 93442 over the last 12 months, the median sold price is $930,000 and the median is $603 per square foot, 10% above this sale's $546.
| Quarter | Closed sales in 93442 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $1,035,000 |
| Q2 2026 | 38 | $889,000 |
| Q3 2026 | 41 | $950,000 |
| Q4 2026 | 5 | $850,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Morro Bay · Homes for sale in 93442
Description
Morro Bay Coastal Retreat: Views and Versatility Prepare to be mesmerized by views of iconic Morro Harbor and Rock with the panoramic backdrop of the Pacific Ocean. Are you dreaming of a lucrative multi-family income property or a spacious single-family coastal compound? Look no further! This masterfully crafted gem offers unparalleled flexibility, serving perfectly as three private living retreats or one comfortable main residence paired with a high-end ADU. Situated on an impressively oversized lot with a clever downhill orientation on a quiet street with similarly sized properties. Parking is a breeze with plenty of off street space and an oversized two-car garage. Hardscape pavers and lovely landscape provide an inviting entry and front patio courtyard. The ground level entry opens to a bedroom, stairs to primary living space and hallway entrance to the optional ADU. The second level is truly the heart of the home—a lovely light-filled space with a wall of windows frames the ocean views to be enjoyed from living, dining, kitchen and even the master ensuite. A second bedroom/bath suite provides additional sleeping space.The spacious and sun drenched deck extends living space and is the icing on the cake. At the rear of the property, discover a charming, approximately 700 sq. ft. two-bedroom ADU with its own address and separate utility meters—ideal for guests or rental income. This private haven includes its own yard, laundry, and a versatile outbuilding perfect for a quiet home office or a creative art studio. New owners will benefit by the addition of solar provided through a Power Purchase Agreement. Furnishings may be included and are negotiable. Perfectly situated near the vibrant downtown, easy HWY 1 access, and the majestic State Park, this property is a rare crown jewel of the coast. Don’t miss your chance to own this slice of paradise—see it today!
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 487 & 489 Estero
490 Fresno: Sold $780,000 · 3 bd · 1 ba · 1,200 sqft · Aug 2026 · 0.1 mi
Franklin Real Estate & Rentals | DRE #00426210
Buyer's agent: Tim Cowan, BHGRE HAVEN PROPERTIES | DRE #02021716431 Fresno Avenue: Sold $950,000 · 3 bd · 3 ba · 1,740 sqft · Sep 2026 · 0.2 mi
Central Coast Real Estate | DRE #02000851
Buyer's agent: Eldon Daetweiler, COASTHOUS | DRE #01311184670 Olive Street: Sold $1,100,000 · 3 bd · 2 ba · 1,524 sqft · Jul 2026 · 0.2 mi
Equity Union | DRE #02219854
Buyer's agent: Hal Sweasey, Equity Union | DRE #01111911540 542 Kern Avenue: Sold $950,000 · 3 bd · 2 ba · 1,438 sqft · Jul 2026 · 0.2 mi
Central Coast Property Sales | DRE #01472453
Buyer's agent: Vicki Silva, RE/MAX Parkside Real Estate | DRE #00463813735 Piney Way: Sold $995,000 · 2 bd · 3 ba · 1,475 sqft · Oct 2026 · 0.2 mi
Home & Ranch Sotheby's Intl | DRE #00887086
Buyer's agent: Kathy Mizell, Home & Ranch Sotheby's Intl | DRE #00887086600 Morro Bay Boulevard 203: Sold $642,500 · 1 bd · 2 ba · 1,078 sqft · Jul 2026 · 0.3 mi
Compass | DRE #01731537
Buyer's agent: Jay Bond, eXp Realty of California, Inc. | DRE #01823529331 Fresno: Sold $1,550,000 · 4 bd · 4 ba · 2,880 sqft · Aug 2026 · 0.3 mi
eXp Realty of California, Inc | DRE #02219074
Buyer's agent: Greg Astle, Greg Astle, Broker | DRE #00687207929 Marina: Sold $950,000 · 3 bd · 2 ba · 1,580 sqft · Jul 2026 · 0.3 mi
Coldwell Banker Realty | DRE #00813881
Buyer's agent: Mike Moss, Comet Realty | DRE #02182286
Closed sales reported in 93442, nearest first, last 12 months. All recent sales in Morro Bay →